by adammesh | May 26, 2022 | News
Market Recap For May 26th, 2022 Yesterday’s Spotlight, in reference to the S&P’s down channel, stated that all trendlines break eventually, and the S&P’s resistance line was taken out. That break would seem to confirm a longer rally to be underway, even if...
by adammesh | May 25, 2022 | News
Market Recap For May 25th, 2022 Tuesday’s bullish finish followed through on Wednesday, although some of the gains were lost near the close. The S&P stalled right at its channel resistance. It should be no surprise if the index turns down from there, but...
by adammesh | May 24, 2022 | News
Market Recap For May 24th, 2022 Markets spent Tuesday in the red, having dropped lower right out of the gate. However, stocks finished well off their lows. Yesterday’s price action finished on a bullish note, but that hasn’t been too terribly reliable over the past...
by adammesh | May 23, 2022 | News
Market Recap For May 23rd, 2022 No real surprise to start the week. Friday’s reversal implied a higher move, and Monday delivered. The big question is whether or not the market can hold this one? For the past two months rallies have struggled to get past more than 2...
by adammesh | May 21, 2022 | News
Market Recap For May 20th, 2022 Friday’s Spotlight stated, “A case could be made for a move in either direction, but the short-term bearish setup that formed on the S&P points towards lower.” The market moved lower and ended up moving in both directions. The...
by adammesh | May 20, 2022 | News
Evoqua Water Technologies Corp. is a holding company, which engages in the provision of water treatment solutions. It operates through the Integrated Solutions and Services and Applied Product Technologies segments. Take a look at the 1-year chart of Evoqua (NYSE:...
by adammesh | May 19, 2022 | News
Market Recap For May 19th, 2022 Not much changed during yesterday’s trading. Markets started lower, pushed higher, and then back down again. A case could be made for a move in either direction, but the short-term bearish setup that formed on the S&P points...
by adammesh | May 18, 2022 | News
Market Recap For May 18th, 2022 So much for higher prices. In what has been a common occurrence over the past 2 months, rallies end quickly and are commonly reversed. Unfortunately, so are the selloffs. Yesterday left a definitively bearish tone, so expectations...
by adammesh | May 17, 2022 | News
Market Recap For May 17th, 2022 Monday’s consolidation led to an upside break, which was the likely outcome based on the preceding move. Tuesday’s rally was still in full force at market close, which means higher prices should still be coming. Yesterday’s Sector...
by adammesh | May 16, 2022 | News
Market Recap For May 16th, 2022 Not much happened in yesterday’s market. The major indices waffled from red and green, ultimately closing after having made little progress. Monday appears to have been a consolidation day, but at consolidation before heading higher, or...
